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Volvo Rents opens new rental center in Rockford, IL


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FOR IMMEDIATE RELEASE
MAY 02, 2008

McAllister Equipment Co. expands into rental business

May 02, 2008 // Franchising.com // ASHEVILLE, N.C.– Jack Moser, President/CEO of McAllister Equipment Co., has opened a Volvo Rents franchise at 5958 Columbia Parkway in Rockford, IL.

The new Volvo Rents center, an independently owned and operated franchise, carries a comprehensive line of essential equipment for the construction, commercial and industrial markets, as well as an extensive line of Volvo compact excavators and wheel loaders and backhoe and skid steer loaders.

McAllister Equipment, in operation since 1955, has long been a Volvo construction equipment dealer. "We were attracted to Volvo Rents because we've known for years that Volvo stands for quality," Moser said.

"Developing a rental business was the next logical step in growing our company here in Rockford. Because we know Volvo's products so well, it made perfect sense for us to expand our relationship with the brand." Eric Puebla serves as the store's operations manager. The store employs a staff of seven; Moser expects to double the staff by the end of the year.

For information, call the center at (815) 227-9911.

Volvo Rents has 79 equipment rental centers open in North America, 70 centers in Europe (Spain, Portugal, Italy, Germany, Poland, and Austria), and one in its international region (Mexico). For more information, visit www.volvorents.com.

About Volvo Rents & Volvo CE

Based in Asheville, N.C., Volvo Rents, a division of Volvo Construction Equipment, the third largest construction equipment manufacturer in the world, operates 79 rental stores in North America, 70 rental stores in Europe and one in Mexico. Volvo Construction Equipment (Volvo CE) is a major international company developing, manufacturing and marketing equipment for construction and related industries. Its products, leaders in many world markets, include a comprehensive range of wheel loaders, hydraulic excavators, articulated haulers, motor graders and compact equipment. Volvo CE is part of the Volvo Group, the world's largest manufacturer of diesel engines in the 9 to 18 liter category. The Volvo Group is one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides complete solutions for financing and related services. Volvo Group is a publicly held company headquartered in Gothenburg, Sweden. With 2006 sales of approximately $34 billion, Volvo's business areas include heavy trucks, buses, construction equipment, marine and industrial drive systems, aerospace and financial services. In the United States, Volvo shares are listed on NASDAQ and are traded as ADRs (symbol: VOLV)


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